Micromem Inc

Toronto, Canada Founded: 1985 • Age: 41 yrs
Sensor solutions and MRAMs are developed and manufactured.

About Micromem Inc

Micromem Inc is a company based in Toronto (Canada) founded in 1985.. Micromem Inc offers products and services including Sensor-based Solutions and Sensor Technology. Micromem Inc operates in a competitive market with competitors including Allegro MicroSystems, Tdk Electronic Components, Paragraf, InvenSense and Crocus Technology, among others.

  • Headquarter Toronto, Canada
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Micromem Technologies Inc.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $0 (USD)
    0
    as on Oct 31, 2024
  • Net Profit
    $-3 M (USD)
    -14.84
    as on Oct 31, 2024
  • EBITDA
    $-586.68 K (USD)
    41.83
    as on Oct 31, 2024
  • Latest Funding Round
    $200.03 K (USD), Post-IPO

    Jan 13, 2026

  • Investors
  • Employee Count
    Employee Count
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IPO & Listings of Micromem Inc

Micromem Inc is a publicly listed company on the CSE with ticker symbol MRM in Canada, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: CSE · Ticker: MRM . Sector: Electronic technology · Canada

Products & Services of Micromem Inc

Micromem Inc offers a comprehensive portfolio of products and services, including Sensor-based Solutions and Sensor Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Develops advanced sensors for industrial applications

Provides cost-effective sensors for multiple sector needs

People of Micromem Inc
Headcount 1-10
Employee Profiles 2
Board Members and Advisors 2
Employee Profiles
People
Joseph Fuda
President, Chief Executive Officer
People
Dan Amadori
Chief Financial Officer

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Funding Insights of Micromem Inc

  • Total Funding
  • Total Rounds 22
  • Last Round Post-IPO — $200,028
  • First Round

    (14 Jul 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2026 Amount Post-IPO - Micromem Inc Valuation

investors

Oct, 2025 Amount Post-IPO - Micromem Inc Valuation

investors

Jun, 2025 Amount Post-IPO - Micromem Inc Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Micromem Inc

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Micromem Inc

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Micromem Inc Comparisons

Employees
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Competitors of Micromem Inc

Micromem Inc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Allegro MicroSystems, Tdk Electronic Components, Paragraf, InvenSense and Crocus Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Magnetic sensors and related ICs are manufactured for diverse sectors.
domain founded_year HQ Location
Manufacturer of electronic components and materials. This company develops and produces a wide array of electronic components, including magnetic products, capacitors, resistors, and sensors. These components are used in various applications across diverse industries, such as automotive, industrial, and consumer electronics. The company also offers related technologies and solutions. Its operations encompass research and development, manufacturing, and sales.
domain founded_year HQ Location
Graphene-based magnetic sensors are developed using proprietary processes.
domain founded_year HQ Location
MotionTracking sensor system on chips with integrated motion and sound solutions
domain founded_year HQ Location
Magnetic sensors are developed for semiconductor and electronics sectors.
domain founded_year HQ Location
Inertial navigation systems and industrial IoT solutions are manufactured.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Micromem Inc

Micromem Closes Private Placement
Newsfile Corp.2 months ago
Micromem Announces Private Placement Closing
Newsfile Corp.2 months ago

Frequently Asked Questions about Micromem Inc

When was Micromem Inc founded?

Micromem Inc was founded in 1985 and raised its 1st funding round 24 years after it was founded.

Where is Micromem Inc located?

Micromem Inc is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

What does Micromem Inc do?

Established in 1985 in Toronto, Canada, sensor solutions and MRAMs are created, developed, and delivered by Micromem Inc within the technology sector. Magnetic sensors are produced via its wholly-owned subsidiary MAST, with applications in nanoparticle detection, structural integrity assessment, oil well monitoring, and energy storage. Operations include partnerships with Flex Electronics, Entanglement, Exponent, Scientific Biomedical Microsystems, Rapid Prototypes, and Hana Microelectronics Group.

Who are the top competitors of Micromem Inc?

Micromem Inc's top competitors include Paragraf, InvenSense and Allegro MicroSystems.

What products or services does Micromem Inc offer?

Micromem Inc offers Sensor-based Solutions and Sensor Technology.

Is Micromem Inc publicly traded?

Yes, Micromem Inc is publicly traded on CSE under the ticker symbol MRM.

What is Micromem Inc's ticker symbol?

The ticker symbol of Micromem Inc is MRM on CSE.

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